1414 Degrees Ltd. (AU:14D) has released an update.
1414 Degrees Ltd has announced that its Board of Directors has demonstrated their confidence in the company’s growth and commitment to its mission of decarbonizing high-temperature industrial heat by collectively subscribing $75,000 to the Share Purchase Plan (SPP). The SPP, open to eligible shareholders, offers a chance to further invest in the company as it advances its innovative silicon-based thermal energy storage solutions, such as SiBrick®, SiBox®, and SiPHyR™, and contributes to global net-zero targets. The company is also progressing with its Aurora Energy Project, aiming to supply reliable renewable energy.
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